Industry-wide price wars are like the old Western range wars. They don’t happen often but when they do they are violent and have sudden onsets. A new home-phone program from T-Mobile is…
Verizon (VZ) bottomed at $33.30 after downgrades due to cellular service price wars. HCC Insurance (HCC) Weak quarterly results. Trades down to $24.25 from 52-week high of $24.45. AT&T (T) drops to…
Now that its rivals (AT&T NYSE: T) and Verizon Wireless have gone to $99.99 a month unlimited calling plans, Sprint (NYSE: S) needs to get it in gear. It has had trouble…
These are not the only analyst calls today, but these are the top ten calls that 247WallSt.com is looking at this morning: AT&T (NYSE: T) downgraded to Neutral from Outperform at Credit…
Verizon (NYSE: VZ) has been the cock of the walk, but that has changed. Yesterday, the shares hit a 52-week low at $35.19. The large run-up in Verizon’s stock last year was…
Verizon (VZ) Bad news on broadband set-top delays and price cutting for cellular service. Falls to $35.37 from 52-week high of $46.24. Idearc (IAR) New CEO appointed after weak earnings. Not much…
"For want of a nail, the kingdom was lost." After a highly successful roll-out of its fiber-to-the-home broadband and TV product, Verizon (NYSE: VZ) has run into a snag. It cannot get…
According to Reuters, Toshiba will drop its HD DVD format. Reuters reports that Blll Gates said Microsoft (MSFT) will target web search with or without Yahoo! (YHOO) Reuters writes that RIM (RIMM)…
Verizon Communications Inc. (NYSE: VZ) has announced that its Board of Directors has approved the buyback and repurchase up to 100 million shares of its common stock. This replaces the previous 100…
Douglas A. McIntyre When the market drops almost 400 points, investors start to think about 1,000 point drop day. They forget the little run-up the market had over the previous two weeks. Some of the…
According to Reuters, another Fed rate cut may stimulate the housing market. Reuters reports that profits at American Express (AXP) fell 10%. Reuters writes that McDonald’s (MCD) will open 150 outlets in…
Alliance Data Systems (ADS) was informed by Blackstone that conditions likely won’t be satisfied to complete the merger; stock trading down close to 40%.American Express (AXP) reports earnings today with estimates at…
Firestone. American Motors. Texaco. Pan Am. Worldcom. At one point or another these large American companies were at the top of their industries. Pan Am was the leading global airline for decades.…
Short interest on January 15 showed bets against financial shares listed on the NYSE climbed when compared to December 31 numbers. Shares short in Countrywide Financial (CFC) rose 32.5 million to 166.9…
The big US companies with the weakest prospects have sold off by as much as 50% over the few months. But, because some of them have powerful brands, large customer bases, and…
